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2.43.4620    EMPLOYMENT AFTER THE DROP PERIOD

(1) Monthly DROP accruals will stop at the end of the designated DROP period even if the participant continues employment. 

(2) The participant's monthly service retirement benefit payments will begin the month following the month in which the participant terminates post-DROP employment.

(3) The participant's DROP benefit will be distributed pursuant to ARM 2.43.4617.

History: 19-2-403, 19-9-1203, MCA; IMP, 19-9-1207, MCA; NEW, 2002 MAR p. 1891, Eff. 7/12/02; TRANS, from ARM 2.43.1115, 2008 MAR p. 2467, Eff. 12/1/08.

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